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CRUISE INDUSTRY is sinking fast!

At one time, cruise ships were large but not gigantic. Now the newer ones are monsters at sea. If you’ve ever seen one in action, you’ll understand why: A vessel like Royal Caribbean’s Symphony of the Seas is longer than 12 blue whales. At 228k gross tons, it is 5x the size ... Read More »

CIRQUE DU SOLEIL Bankrupt

In a desperate act, Montreal-based Cirque du Soleil Entertainment filed for protection from creditors in Canada on Monday after the COVID-19 pandemic. It forced it to close shows around the world, triggering a fight for control of one of the best-known brands in live performance. The company said it entered ... Read More »

Carnival Cruises SINKS To Junk Status

Carnival Corp. is the latest cruise line to lose its investment-grade credit ratings after S&P Global Ratings downgraded the company Tuesday. The company’s global cruise line brands include Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (U.K.) and Cunard. S&P slashed the ... Read More »